P.S.Engineering: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
P.S.Engineering
Largest movements
- Cash -€7,677
down €7,677 (-49.9%), from €15,385 to €7,709
mainly Other debts (-€12,145) and Deferred charges and accrued income (-€800)
- Tangible fixed assets -€2,881
down €2,881 (-4.9%), from €58,239 to €55,358
- Deferred charges and accrued income +€800
up €800 (+100.0%), from €800 to €1,600
- Other debts -€12,145
down €12,145 (-47.1%), from €25,791 to €13,645
- Profit (loss) carried forward +€1,987
up €1,987 (+7.0%), from €28,308 to €30,295
- Gross operating margin +€3,925
up €3,925 (+104.9%), from €3,741 to €7,667
- Other operating charges +€103
up €103 (+4.0%), from €2,588 to €2,692
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,099 | €65,941 | -€10,158 | -13.3% |
| Fixed assets | 21/28 | €58,489 | €55,608 | -€2,881 | -4.9% |
| Tangible fixed assets | 22/27 | €58,239 | €55,358 | -€2,881 | -4.9% |
| Land and buildings | 22 | €58,239 | €55,358 | -€2,881 | -4.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €17,609 | €10,332 | -€7,277 | -41.3% |
| Amounts receivable within one year | 40/41 | €1,424 | €1,024 | -€400 | -28.1% |
| Other amounts receivable | 41 | €1,424 | €1,024 | -€400 | -28.1% |
| Cash at bank and in hand | 54/58 | €15,385 | €7,709 | -€7,677 | -49.9% |
| Deferred charges and accrued income | 490/1 | €800 | €1,600 | +€800 | +100.0% |
| Total equity and liabilities | 10/49 | €76,099 | €65,941 | -€10,158 | -13.3% |
| Equity | 10/15 | €50,308 | €52,295 | +€1,987 | +4.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,308 | €30,295 | +€1,987 | +7.0% |
| Amounts payable | 17/49 | €25,791 | €13,645 | -€12,145 | -47.1% |
| Amounts payable within one year | 42/48 | €25,791 | €13,645 | -€12,145 | -47.1% |
| Other amounts payable | 47/48 | €25,791 | €13,645 | -€12,145 | -47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,881 | €2,881 | = | 0.0% |
| Other operating charges | 640/8 | €2,588 | €2,692 | +€103 | +4.0% |
| Gross operating margin | 9900 | €3,741 | €7,667 | +€3,925 | +104.9% |
| Operating profit (loss) | 9901 | -€1,728 | €2,094 | +€3,822 | |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,758 | €2,064 | +€3,822 | |
| Income taxes | 67/77 | - | €76 | +€76 | |
| Profit (loss) for the period | 9904 | -€1,758 | €1,987 | +€3,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,758 | €1,987 | +€3,746 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.